NOT LISTED FOR SALE

388 Summit Rd Tryon, NC 28782

Estimated Value: $324,310 - $473,000

3 Beds
2 Baths
1,856 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2018

Last sale price $197,000 $106 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,286 / mo

767 Days on Market

Highlights

  • Wood Flooring
  • Circular Driveway
  • Level Lot
  • Cottage
  • Many Trees

About This Home

As of October 2018

This cute little cottage boasts one of the best western mountain views on Melrose Mountain. If you have been looking for a mountain sunset then you have found the right place. Just grab a chair on the 36 foot long back deck and enjoy. The cottage features a nicely sized living rm w/ a beamed, vaulted ceiling and a eat-in kitchen w/ gorgeous piedmont views. The lower level has a bedroom, bath, family room, office & a flex space. Melrose Mtn amenities include 2 lakes, fitness room, trails & more.

Last Agent to Sell the Property

Jeff Miller

Coldwell Banker Advantage License #166025 Listed on: 08/10/2016

Coldwell Banker Advantage

Last Buyer's Agent

Myrna Viehman

Tryon Foothills Realty License #73294

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cottage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number P25-226
  • Tax Block 102

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

1.4 Acres

HOA Fees

$70 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91628
  • Ratio Close Price By Original Li: 0.84549
  • Ratio Current Price By Acre: 140714.29
  • Ratio Current Price By Sq Ft: 106.14
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Woodstove
  • Flooring: Tile, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 928
  • Main Level Sq Ft: 928
  • Total Sq Ft: 1856

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Community Well, Spring
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 420.00
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Long Range View, Mountain View, Sloping, Trees, Year Round View
  • Parcel Number: P25-226
  • Plat Book Slide: A92
  • Plat Reference Section Pages: 1795
  • Zoning: Residential
  • Zoning Specification: MU

Tax Info

  • Tax Value: 164212.00
  • Tax Amount Ncm: 748.00
  • Tax Block: 102
  • Tax Location: Polk

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 25, 2018
Sold by
Bought by
Seller's Agent
Jeff Miller
Coldwell Banker Advantage
Buyer's Agent
Myrna Viehman
Tryon Foothills Realty
List Price
$233,000
Sold Price
$197,000
Premium/Discount to List
-$36,000
-15.45%
Current Estimated Value
$393,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,328
Avg. Annual Appreciation
9.54%
Original Mortgage
$157,600
Outstanding Balance
$138,018
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$255,310

Purchase Details

Closed on
Sep 29, 2003
Bought by

Purchase Details

Closed on
Jul 23, 2002
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$197,000 --
-- --
$107,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $157,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $197,000 -8.4% $106 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $215,000 -7.7% $116 / Sq Ft
08/10/2016 08/10/16 For Sale $233,000 -- $126 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,533 $270,529 $29,750 $240,779
2024 $1,447 $203,433 $21,000 $182,433
2023 $1,407 $203,433 $21,000 $182,433
2022 $1,381 $203,433 $21,000 $182,433
2021 $1,340 $203,433 $21,000 $182,433
2020 $1,181 $164,212 $21,000 $143,212
2019 $1,181 $164,212 $21,000 $143,212
2018 $1,129 $164,212 $21,000 $143,212
2017 $1,063 $116,838 $20,200 $96,638
2016 $768 $116,838 $20,200 $96,638
2015 $745 $0 $0 $0
2014 $722 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Miller

    Coldwell Banker Advantage

    Section Image

  • M

    Buyer's Agent in 2018

    Myrna Viehman

    Tryon Foothills Realty

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3205618

Canopy MLS

APN: P25-226

North Carolina Polk County Tryon 28782

388 Summit Rd, Tryon, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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